Offshore
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Singapore deploys floating accommodation in fight against Covid-19
The Maritime and Port Authority of Singapore (MPA) has partnered with terminal operator PSA Singapore, Keppel Offshore & Marine, Bibby…
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Offshore drillers face up to $3bn of contract cancellations
A report by Rystad Energy says that the ongoing Covid-19 pandemic and oil price war have ravaged global energy markets,…
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BW Offshore to lay up FPSO Umuroa at Tui field
BW Offshore has announced that it has decided to plan for a layup for at Tui field as it has…
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Ocean Installer takes Island Offshore MPSV for Equinor job
Island Offshore has secured work for its newly delivered multipurpose vessel . The vessel has just commenced a 60-90 day…
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Allseas wins Aker BP removal contract
Allseas has secured a contract by Aker BP for the removal and disposal of multiple topsides and jackets from the…
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Havila Shipping agrees debt restructuring with lenders
After a year of negotiations, Norway’s Havila Shipping has now agreed with lenders on a restructuring of its debt. The…
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Bibby HydroMap goes into administration
Survey specialist Bibby HydroMap, part of Bibby Marine, has gone into administration with KPMG’s Andrew Stone and Rick Harrison appointed…
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Mystery investor circles stricken Swiber
Under judicial management since July 2016, Singapore offshore concern Swiber Holdings has received possible salvation. The company has revealed it…
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Shelf Drilling jackup contract cut short by Dubai Petroleum
Dubai-headquartered Shelf Drilling has entered into a mutual agreement with Dubai Petroleum to amend the contract end date for 2010-built…
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SeaBird surveys cancelled
Seismic specialist SeaBird Exploration has been notified that its end-client has cancelled two ocean bottom node surveys off West Africa,…
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PGS to cold stack a quarter of its fleet
Norwegian offshore seismic specialist PGS is making some dramatic moves as it prepares for its business to be affected by…
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Alam Maritim awarded anchor handler contract by Petronas
Malaysia’s Alam Maritim has been awarded a work order by Petronas for the provision of an anchor handling tug supply…
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Havila Shipping seals new long-term PSV charter with Total
Norway’s Havila Shipping has sealed a deal with Total E&P UK for 2010-built platform supply vessel . The contract, which…
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Aker Solutions makes dramatic cuts
Huge layoffs, salary freezes and plant closures have been announced by the CEO of Aker Solutions, one of the biggest…
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Hornbeck Offshore heads for chapter 11
US offshore vessel owner Hornbeck Offshore Services has revealed in an SEC filing that it is headed for a prepackaged…
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Yinson FPSO work terminated by Aker Energy
Aker Energy has terminated a job with Yinson Holdings for the provision of a floating production storage and offloading (FPSO)…
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Polarcus awarded 3D survey project in Northwest Europe
Dubai-based offshore survey specialist Polarcus has secured an XArray 3D marine seismic acquisition project in Northwest Europe. The project will…
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Siem Offshore granted payment deferral by lenders
Norwegian OSV operator Siem Offshore has entered into an agreement with the group’s secured lenders to provide time to secure…
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Solstad Offshore to offload 37 vessels as part of financial restructuring
Solstad Offshore, the Norwegian offshore vessel owning giant formed by the merger of Solstad Offshore, Deep Sea Supply and Farstad,…
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Silver Eagle Global to build a series of jackup vessels
Bahrain-based Silver Eagle Global, part of Saudi Arabian oil and gas service company Rawabi Holding, has entered into an agreement…
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